Well, it may not be the oft-rumored Halo live action movie, but a seven part animated series called Halo Legends is coming. Five different production houses in Japan are handling the animation, while Microsoft’s staff will be the only one to give the greenlight for story changes.
Warner Bros. will carry the distribution rights for DVD (and hopefully Blu-ray), and digital release rights as well. Would sort of be funny to see the Halo animated series available for download on PSN, no? No word on when the stories will be set, but pics released show Master Chief in all of his glory, so one can asssume this takes place during the game periods, unless Chief is just used during flashbacks or flash forwards.